QuestIT TU UI TU Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Total Per Unit $380 270 70 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,450,000 45 250.000 The company has a desired ROI of 20%. It has invested assets of $51,000,000. It expects to produce 2.500 units each year. Calculate the markup percentage and target selling price using absorption cost pricing. (Round markup percentage to 3 decimal places, eg. 15.250% and target selling price to O decimal places, eg,5,250.) (a) Calculate the markup percentage and target selling price using absorption-cost pricing. (Round markup percentage to 3 decimal places, eg. 15.250% and target selling price to decimal places, eg. 5,250.) % Markup percentage Target selling price $ e Textbook and Media Attempts: 0 of 3 used Sumolt Answer Save for Later (b) The parts of this question must be completed in order. This part will be available when you complete the part above